BoJ Retains Upbeat Inflation Outlook; Keeps Monetary Policy Unchanged

Posted on Apr 30, 2014

The Bank of Japan maintained its upbeat forecast of hitting its 2 percent inflation target in fiscal 2016 without adding more stimulus. Earlier in the day, the bank left its monetary policy unchanged as widely expected by economists. At the Policy Board meeting, members voted unanimously to continue to increase the monetary base at an annual pace of about JPY 60-JPY 70 trillion.

There are no comments yet

  • Hello, guest